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Debt Settlement Company Comparisons - Top 5 Things Consumers Need to Know About Debt Settlements Business Articles | February 4 Mike Alstott Game Jersey , 2010
Finding a legitimate debt settlement company can be a quite a process and consumers must realize that that the debt relief industry is a very saturated market. There are legitimate debt settlem...





Finding a legitimate debt settlement company can be a quite a process and consumers must realize that that the debt relief industry is a very saturated market. There are legitimate debt settlement companies in this market who can eliminate up to 60% of your unsecured debt and then there are inexperienced companies that will do your financial situation more harm than good. It is imperative that consumers are knowledgeable about the debt relief industry and this article will outline the top 5 things that you should know before talking with a debt settlement company.


1.?Make Sure the Company Is In The Association Of Settlement Companies (TASC)


A legitimate debt company will be a part of The Association Of Settlement Companies. TASC's goals are to promote good practice in the debt settlement industry, protect the interests of consumer debtors, and lobby on behalf of debt settlement companies on the federal and state level. It would be prudent of you to make sure the debt company you choose has been reviewed by TASC before you use them.


2.?The Debt Settlement Industry Is Highly Profitable


Due to the profitability of the debt settlement industry there are new players trying to enter the market everyday. America has never seen this level of debt both nationally and on a consumer level. Debt companies make a percentage of your debt savings and right now the credit card companies are making very generous deals and settling people's debt for around 50% on average. Therefore consumers are saving more money and the debt companies are making more.


3.?Debt Relief Is More Widely Available Than Ever


Federal stimulus money was granted mainly to large financial institutions where the majority of credit cards are issued. As a result Matt Gay Limited Jersey , credit card companies have much more flexibility when negotiating debt settlements. Major creditors are agreeing to debt settlements for as low as 30% of the actual owed amount. If you are over $10,000 in non-secured debt you can hire a debt settlement company to negotiate your debt. The best debt companies will be able to eliminate 50% of your debt on average.


4.?Creditors Are Agreeing To Very Generous Settlements


The majority of creditors are very worried about collecting on non secured debt. Never has there been a time in our history where so many people are in debt. Defaults are at an all time high and creditors are agreeing to very generous settlements in this market. They are agreeing to debt settlements that were almost unheard of just a year ago. Every case in different and consumers should talk with an established debt settlement company if they are in debt for over $10,000.


5.?Go To A Debt Relief Network To Find Legitimate Debt Company


Do not go directly to a particular debt company but rather first go to a debt relief network that is affiliated with several legitimate debt companies. In order to be in the debt relief network Anthony Nelson Limited Jersey , the debt companies must prove a track record of successfully negotiating and eliminating debt. Visiting a debt relief network will ensure that you will be searching amongst accredited and legitimate debt settlement companies.


FreeDebtSettlementAdvice is one of the largest and most respected debt relief networks on the marketplace today.


To find a debt settlement company through FreeDebtSettlementAdvice check out the following link:



Free Debt Advice(http:www.CreditCardDebtNegotiations)


(1888PressRelease) Alfred Bergman is the CEO of SLS Residential, formerly SLS Health. SLS was co-founded by Alfred Bergman, and founded on the power of unity and shared purpose in order to bring innovative and effective care and treatment to adults experiencing persistent psychiatric Mike Edwards Limited Jersey , psychological and dual diagnosis problems and offers over 22 years of experience improving the lives of persons with co-occurring psychiatric.


Brewster, NY – Alfred Bergman, CEO of SLS Residential Jamel Dean Limited Jersey , formerly SLS Health, is pleased to announce that 4 plots at the Tilly Foster Community Garden have been planted with an array of vegetables, all of which will be donated to the Brewster Food Pantry.


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